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Dec 28, 2012
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those making over $250,000, the obama proposal, or $400,000, a level senate republican leader mitch mcconnell reportedly said he might be able to sell, but republicans wants the debate shifted. >> all the talk is about taxes. what the talk should be about is what we want to talk about today, and that's the medicare fiscal cliff. >> reporter: no way to cut a deal by tuesday to reform entitlements. some say that's good. >> the big problem is if we do something right now that has longlasting adverse effects on economic growth, that will cost us for a very long time. >> reporter: but for a short time americans say fix the tax problems. >> it's a frustrating feeling to see the two sides apart. >> frankly where he shouldn't be taxed more because they can't work together. >> end the taxes for the middle class and figure out the rest of it come january, worst case. >> reporter: worst case, say many, is no deal on anything. but some tea party republicans are said to be ready to let everyone's taxes go up on tuesday, so they can quickly help figure the like on middle-class taxes and later claim they vo
those making over $250,000, the obama proposal, or $400,000, a level senate republican leader mitch mcconnell reportedly said he might be able to sell, but republicans wants the debate shifted. >> all the talk is about taxes. what the talk should be about is what we want to talk about today, and that's the medicare fiscal cliff. >> reporter: no way to cut a deal by tuesday to reform entitlements. some say that's good. >> the big problem is if we do something right now that has...
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Dec 29, 2012
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reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest americans, but this issue remains a major sticking point with many republicans resisting any tax increase at all. economists say the last-minute process calls into question washington's ability to deal with the hard issues of tax reform and deficit reduction. >> the prospects for the economy are incredibly dim until we put in place a bigger deal, tackle these challenges, and put some certainty into the economy and boost confidence. >> reporter: meanwhile, americans watched with worry and frustration. >> i think they're all failing us a great deal and i'm so sick and tired of them fighting. >> the equivalent of worried about your mortgage after you're already homeless. so it's, like i said, sad. they have a job to do and they're not doing it. >> reporter: now, with public
reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest americans, but this issue remains a major sticking point with many republicans resisting any tax increase at all. economists say the last-minute process calls into...
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Dec 30, 2012
12/12
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but the mitch mcconnell was seen arriving just after congressional leaders met with obama. >> we are going to work hard to see if we get there. i am hopeful and optimistic. >> reporter: missouri senator say that both sides have an important opportunity but the tax hike will not do much to address the debt. >> the presidential proposal will not even pay one-third of the interest on this massive 16 trillion dollar debt. >> reporter: they will return just one day before a deal needs to be reached. they will be unlikely burning the midnight oil. there will be-likely be burning the midnight oil. a who look outside at mount tam we will be right back. >> let us take a quick look outside. janu? >> we are expecting plenty of sunshine. it is also very cold with a chilly start. dense fog and low visibility. plenty of sunshine for those headed to the game. it is going to be another cold one. taking a look at your temperatures are, 36 in santa rosa. 39 and of vallejo, mid-40s in oakland. 38 and the sunnyvale. as we take a look we will see whites. 40's. 50s, very similar to yesterday we will seek-
but the mitch mcconnell was seen arriving just after congressional leaders met with obama. >> we are going to work hard to see if we get there. i am hopeful and optimistic. >> reporter: missouri senator say that both sides have an important opportunity but the tax hike will not do much to address the debt. >> the presidential proposal will not even pay one-third of the interest on this massive 16 trillion dollar debt. >> reporter: they will return just one day before a...
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Dec 28, 2012
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>> i think if they made progress at the meeting today and if mitch mcconnell and john boehner decide to take the risk of t advancing this with their members they could vote sunday or monday and it is possible to get done before january first. nobody is betting on this at this point and everybody's omt michel has been sorely tested by the lack of movement over the last week or so but just in the last few hours there is some movement toward the possibility of the deal. >> thanks so much for the very latest there john down in d.c. for us watching the action there. stocks moved off their lows on news of the new offer for the president. we're still setting up for the biggest weekly loss for the stock market in some six weeks. we're trading today with the najarian brothers, mike murphy, and steven wieis. we are moving closer to a deal according to john harwood's reporting. what do you do with the market today? >> i don't think you do anything based on those headlines. where you want to continue to be is high quality names and ride it out. if you see prices come your way in specific stocks
>> i think if they made progress at the meeting today and if mitch mcconnell and john boehner decide to take the risk of t advancing this with their members they could vote sunday or monday and it is possible to get done before january first. nobody is betting on this at this point and everybody's omt michel has been sorely tested by the lack of movement over the last week or so but just in the last few hours there is some movement toward the possibility of the deal. >> thanks so...
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Dec 29, 2012
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i'm confident senator mcconnell will do the same. everybody, this is -- whatever we come up with is going to be imperfect. >> reporter: a republican aide said house speaker john boehner is awaiting senate action before weighing in. earlier in the day, some republicans blamed the president for the impasse. >> i agree that it is the president's responsibility to lay out a plan and to bring people together. but it's a total dereliction of duty, and candidly a lack of courage to deal with these issues. >> reporter: the uncertainty has started to affect the markets, and economists warn going over the cliff will impact a lot of americans quickly. now president obama has said that he is confident that his plan could make it through both chambers. but of course in the house, that will be a bigger challenge where he would need to get a substantial number of republicans to vote for it. the house and senate are expected to be back in session tomorrow. erica? >> all right. thanks. >>> so what exactly does going over the cliff mean for your walle
i'm confident senator mcconnell will do the same. everybody, this is -- whatever we come up with is going to be imperfect. >> reporter: a republican aide said house speaker john boehner is awaiting senate action before weighing in. earlier in the day, some republicans blamed the president for the impasse. >> i agree that it is the president's responsibility to lay out a plan and to bring people together. but it's a total dereliction of duty, and candidly a lack of courage to deal...
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Dec 24, 2012
12/12
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now ryan, minor quest, mcconnell and boehner, obama on employees say on spur ling, from the top 1% to the medicare stall, now cashaway all. he yelled at the crowd with all of his might you better get this done, and i mean tonight, for if you continue to act like a mob you'll find yourself looking for a private sector job. they heard this and scrambled and announced a new deal. i heard him explain e,e he drove out of sight, merry christmas to all and to all a good night. >> oh my. that should go national. shift that right to washington. >> we're going to send them a christmas gift from us. but merry christmas to you guys. >> right back at you. >> nice to get some humor with all the fiscal cliff talks. >> let's hope they can figure it out in the next week. >> you can get more on melissa's segments on csf.com/morning. >>> time for a look at who's coming up a little later on this morning. >>> rebecca jar visit joins us live on christmas eve. good morning. >> good morning, frank and elizabeth. coming up ahead on our show on cbs this morning, the controversial call for armed guards at the s
now ryan, minor quest, mcconnell and boehner, obama on employees say on spur ling, from the top 1% to the medicare stall, now cashaway all. he yelled at the crowd with all of his might you better get this done, and i mean tonight, for if you continue to act like a mob you'll find yourself looking for a private sector job. they heard this and scrambled and announced a new deal. i heard him explain e,e he drove out of sight, merry christmas to all and to all a good night. >> oh my. that...
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Dec 28, 2012
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john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to see what harry reid cobbles together to try to get republican support in the senate and house. he's saying it's hard to see how this can get done by january 1st. so we're seeing a lot of managing of expectations and certainly a lot of posturing on both sides as it appears they're getting ready to play the blame game should we go over the cliff. listen to both sides. >> republicans are not about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we are here in washington working while the mem
john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to...
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Dec 28, 2012
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. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are. five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the onlyway a bill could come through the you woulds in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on any bill the senate works out. outside the beltway, don will be watching. >> everybody's kind of in a wait and see and finger crossed perspective right now. >> reporter: since 1930, this is only the fifth time congress has worked after christmas. tara mergener, for cbs news, washington. >>> time right now is 6:07 and i'm watching your money. we're going to have to see if wall street can fi
. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are. five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now....
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Dec 27, 2012
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nothing can move forward in regards to our budget crisis unless speaker boehner and leader mcconnell are willing to participate in coming up with a bipartisan plan. speaker boehner is unwilling to negotiate, we have we've not heard a word from leader mcconnell, nothing is happening. democrats can't put together a plan on their own without baws without participation of leader mcconnell and speaker boehner nothing can happen on the fiscal cliff sand so far they are radio silent. mr. president, we're going to work the next couple days to get the most important legislation done on fisa. there should be a good debate. we have people that are interested in changing what we have on the floor, made a series of amendments on trying to change fisa. the espionage legislation that guides this country. should be a good debate. we have to finish the -- i'm sorry the supplemental appropriation bill, so important for the people in the northeast. we have a lot to do. there could be as many as 28 votes on this the next few days. we are here in washington working. while the members of the house of repr
nothing can move forward in regards to our budget crisis unless speaker boehner and leader mcconnell are willing to participate in coming up with a bipartisan plan. speaker boehner is unwilling to negotiate, we have we've not heard a word from leader mcconnell, nothing is happening. democrats can't put together a plan on their own without baws without participation of leader mcconnell and speaker boehner nothing can happen on the fiscal cliff sand so far they are radio silent. mr. president,...
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Dec 28, 2012
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senate minority leader mitch mcconnell has indicated that he is eager to hear from the president who is hoping to be able to jump start the negotiations. that is the latest here at the white house. back to you. >> thank you. >>> we want to know your thoughts on all of. this what do you think about congress not reaching a deal so far on the fiscal cliff? share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >>> also in the news today, remembering an american hero. desert storm commander norman schwarzkopf has died. the retired general died yesterday from come indications of pneumonia. he was given the nickname stormin' norman. >> president george h. w. bush from his hospital bed described him as quote be a good and decent man. the elder bush is still in intensive care in houston but his long time chief of staff says put the harps back in the closet. she says the former president is expected to be in the hospital identify long time but is getting the best care. and his family is still opti
senate minority leader mitch mcconnell has indicated that he is eager to hear from the president who is hoping to be able to jump start the negotiations. that is the latest here at the white house. back to you. >> thank you. >>> we want to know your thoughts on all of. this what do you think about congress not reaching a deal so far on the fiscal cliff? share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may...
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Dec 28, 2012
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an aide to senate minority leader mitch mcconnell says the republican senator is eager, quote-unquote, to hear from the president. >>> house lawmakers are heading back to washington ahead of a deal. john boehner called the house back into session for a rare sunday evening session. boehner says it's up to the senate to act. he says the house has done its part to -- it would extend existing tax cuts for all americans. >>> federal workers are told to take steps to prepare for possible furloughs if spending cuts that would be part of the fiscal cliff take effect. the office of personnel management issued new guidelines which state that employees will be given at least 60 days' notice before any furloughs of more than 22 days. they'll receive 30 days' notice for furloughs shorter than that. workers will also not be allowed to use other forms of paid time off like sick leave. >>> investors overseas appear to be optimistic about the -- the nikkei index hit the highest mark since march of last year. markets in hong kong, south korea and australia are also up today. >>> new this morning, iran
an aide to senate minority leader mitch mcconnell says the republican senator is eager, quote-unquote, to hear from the president. >>> house lawmakers are heading back to washington ahead of a deal. john boehner called the house back into session for a rare sunday evening session. boehner says it's up to the senate to act. he says the house has done its part to -- it would extend existing tax cuts for all americans. >>> federal workers are told to take steps to prepare for...
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Dec 29, 2012
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and senator mitch mcconnell i will urge senator reid to to bring a floor to a package for a vote one that will protect the middle class. >> following this high- stakes meeting they appear poised to work towards a solution. >> we are going to work hard to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> i am hopeful that pitch mcconnell can do the same but everybody, what ever we come up with. some people are not going to like it. some people will like it even less but that is where we are. >> they wanted to negotiate with house speaker jon peters said that he is not going to bring anything to a vote until it has passed the senate. nearly every american will see a tax increase. and unemployment benefits will expire for millions. >> ordinary people do their jobs and meet deadlines. they sit down and they discuss things and things happen. if there are disagreements there will sort through the disagreements. the notion that our elected leadership cannot do the same thing is mind-boggling. it needs to stop! >> we'll be right back here on the kron four morning
and senator mitch mcconnell i will urge senator reid to to bring a floor to a package for a vote one that will protect the middle class. >> following this high- stakes meeting they appear poised to work towards a solution. >> we are going to work hard to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> i am hopeful that pitch mcconnell can do the same but everybody, what ever we come up with. some people are not going to like it. some people will...
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Dec 24, 2012
12/12
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house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the $1.2 trillion in cuts. >> if the president does return to washington this week, unclear whether he will come back here to hawaii for new year's with his family. joe lieberman says he expects the senate to be in session on new year's eve, working on a deal down to the wire. >> thank you, ed. markets dropped on shortened day of trading. dow fell 52. s&p 500 lost 3.5. nasdaq down 8.5. might be
house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the...
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Dec 28, 2012
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is seen as an aa last-minute attempt president obama has called a meeting with nancy pelosi, mitch mcconnell, john boehner, and harry reid. they have before you are days to reach an agreement or the u.s. economy will go off the fiscal cliff. s when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides if are involved in a high-stakes political blame game. >> we are here in washington working. the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president will be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline. as i said, this is a conversation we should have had months ago. >> democrats want to extend bush-era tax cuts to everyone except those americans making $250,00 or more per year. many republicans are against any tax increases. most americans just want something to be done. >> people are tired of partisanship and they want everyone to come together. >> i
is seen as an aa last-minute attempt president obama has called a meeting with nancy pelosi, mitch mcconnell, john boehner, and harry reid. they have before you are days to reach an agreement or the u.s. economy will go off the fiscal cliff. s when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides if are involved in a high-stakes political blame game. >> we are here in washington working. the members of the house of...
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Dec 30, 2012
12/12
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mitch mcconnell telling us they have been going back and forth all day and talks are continuing into the evening. no major progress though yet to report. and that is how fox reports on this saturday, december 29th. i'mm harris falkner. tomorrow, tune in for a specialal two-hour fox report as the fiscal cliff deadline nears on the eve of the last stock market day of theae year. we will be all over it with deadlines and they are trying to get a vote, something together. "huckabee" starts now. >> this week on the journal editorial report. a look back at the year that was and what is ahead for 2013. 2012 was a tough year for conservatives on the national level, but in the states, some hopeful signs of reform, and looking forward, is the economy headed for rebound orie session? will the new year bring a with iran? our panel is here with their prediction. >>> welcome to this special edition of "the journal editorial report" as we look back at the year that was and the challenges that face us in 2013. first to our stories of 2012 and america's left turn from the supreme court's landmark hea
mitch mcconnell telling us they have been going back and forth all day and talks are continuing into the evening. no major progress though yet to report. and that is how fox reports on this saturday, december 29th. i'mm harris falkner. tomorrow, tune in for a specialal two-hour fox report as the fiscal cliff deadline nears on the eve of the last stock market day of theae year. we will be all over it with deadlines and they are trying to get a vote, something together. "huckabee"...
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Dec 28, 2012
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an aide to senate majority leader mitch mcconnell said the republican senator is eager to hear from the president. >>> new year's is still a few days away but some lawmakers are telling republicans, not to drop the ball on the looming fiscal cliff. news4 tony is live on capitol hill where a maryland lawmaker joined the effort. tony, what's the word over there? >> reporter: we've been hearing about this closed-door session president obama is having with congressional lawmakers. but here on capitol hill, they're having a rally today and you can see behind me some folks with starting to gather and this will take place as 11:30. both sides coming together to call for some kind of agreement to have before these possible tax hikes take place. that being said, i want to bring in mr. bob packer. you're a small business owner in herndon, virginia. tell me real quick, if there's no how will it affect your business? >> if tax rates income it will affect me a number of ways. it will hammer my ability to invest in equipment and hire new people. my individual tax rate will increase and that will put
an aide to senate majority leader mitch mcconnell said the republican senator is eager to hear from the president. >>> new year's is still a few days away but some lawmakers are telling republicans, not to drop the ball on the looming fiscal cliff. news4 tony is live on capitol hill where a maryland lawmaker joined the effort. tony, what's the word over there? >> reporter: we've been hearing about this closed-door session president obama is having with congressional lawmakers....
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Dec 22, 2012
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have kind of abdicated their power to shape this short-term bill to the senate minority leader, mitch mcconnell. and so the thought is, obviously, that they may vote on something that the senate has to take up, but it's something that ultimately has to go through the house and would take democratic votes as well and maybe they won't get as much as they want. certainly their opportunity to get some entitlement and tax reform is gone for the moment, miguel. >> absolutely extraordinary situation. thank you very much. try to enjoy hawaii and aloha to you. >> reporter: aloha. [ bells tolling ] >> yesterday much of the country paused to remember the newtown shooting victims. church bells rang out exactly one week after the tragedy began. flags remained at half-staff. even many websites went dark. and people all over the country observed a moment of silence for the 20 children and 6 teachers and administrators. today there's a walk for peace in newtown where three more children will be laid to rest. aina grace marquez. greene, who loved to sing. josephine grace gay, who had just celebrated her 7th bir
have kind of abdicated their power to shape this short-term bill to the senate minority leader, mitch mcconnell. and so the thought is, obviously, that they may vote on something that the senate has to take up, but it's something that ultimately has to go through the house and would take democratic votes as well and maybe they won't get as much as they want. certainly their opportunity to get some entitlement and tax reform is gone for the moment, miguel. >> absolutely extraordinary...
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Dec 23, 2012
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some folks think that perhaps senator mcconnell would not negotiate something with senate democrats if he wasn't sure that it was going to pass the house, that it would get by at least some of the republicans who would need to get by to pass. but i think the white house is hoping that he will kind of buck house republicans and agree to work something out so that something can pass the senate. but it's very much up in the air, miguel, and not certain that we are not going over the fiscal cliff at this point. >> sounds like a very dangerous game, a very complicated game of chicken, the highest levels. what is your sense of it? you spent time with the president, know washington well. do you think someone is going to blink? >> you know, if you'd asked me a couple of weeks ago, i would have said i didn't think that the country would go over the fiscal cliff. i think it's very much a possibility at this point. i was sort of surprised that, honestly, a deal wasn't worked out. so i think at this point, too, the white house would have told you behind the scenes that ultimately, a deal would be
some folks think that perhaps senator mcconnell would not negotiate something with senate democrats if he wasn't sure that it was going to pass the house, that it would get by at least some of the republicans who would need to get by to pass. but i think the white house is hoping that he will kind of buck house republicans and agree to work something out so that something can pass the senate. but it's very much up in the air, miguel, and not certain that we are not going over the fiscal cliff...
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Dec 30, 2012
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. >> majority leader harry reid and minority leader mitch mcconnell say they're confident they come to a compromise but they have to sell it to john boehner and fellow republicans before the deadline. >> president obama will be david gregory's exclusive guest on "meet the press" later this morning. you can watch his interview at 10:00 a.m. the nation'sup for gun show in delles this weekend. this weekend, organizers say there was overwhelming interest. in the wake of the sandy hook shootings, many people said they wanted to buy assault rifles before a possible ban. >> say something should happen and we no longer have right to purchase our guns, that means somebody got off this butt and decided to change the constitution, that will open the door to a lot of issues. >> the f.b.i. reported a record background checks for guns this year. a lawyer for one of the survivors of the newtown school massacre says the state and connecticut didn't do enough to keep the kids safe. lawyer irving pinsky said the state failed to provide a safe climate for his client's daughter. to howard county where pol
. >> majority leader harry reid and minority leader mitch mcconnell say they're confident they come to a compromise but they have to sell it to john boehner and fellow republicans before the deadline. >> president obama will be david gregory's exclusive guest on "meet the press" later this morning. you can watch his interview at 10:00 a.m. the nation'sup for gun show in delles this weekend. this weekend, organizers say there was overwhelming interest. in the wake of the...
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Dec 24, 2012
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senate majority leader harry reid, minority leader mitch mcconnell will try to hammer out a deal and by all accounts, it will be a smaller deal, thomas. >> nbc's kristen welker traveling with the president in hawaii. kristen, thanks so much. joining us to talk about the chances of reaching a deal, democratic congressman from minnesota, keith ellison. sir, it's good to have you here, and do you think, as you hear what kristen is reporting there, that it's -- that it's still optimism that this could get done by the end of the year, but slim. do you think that it could get done, and is it going to get gone because of the onus now being on the senate? >> i think that we will have a deal. of course, no one can guarantee that. the real question is will boehner put a deal on the floor that enough of us democrats can vote for? that's the real question. the fact is he can't even get enough republicans to vote for that tea party wish list he put on the floor last week. so what he needs to do is come to the other direction to pick up enough votes to get a deal. now, that's going to take some st
senate majority leader harry reid, minority leader mitch mcconnell will try to hammer out a deal and by all accounts, it will be a smaller deal, thomas. >> nbc's kristen welker traveling with the president in hawaii. kristen, thanks so much. joining us to talk about the chances of reaching a deal, democratic congressman from minnesota, keith ellison. sir, it's good to have you here, and do you think, as you hear what kristen is reporting there, that it's -- that it's still optimism that...
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Dec 27, 2012
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we need senator mcconnell to come to us to come with a package of what can be passed. what is the ultimate game plan, do you think, by deflecting the responsibility, essentially, for getting a deal done? >> what has been the case all along continues to be the case now, which is if there's any hope of a deal here, all the parties, all of them have to stand on the edge of this cliff, hold hands and jump off all together. that's the only way we will navigate this thing safely. what's happening now is that everybody is walk up to the edge individually and looking over and saying i don't want to do that i can't bring myself is to cast that vote. if they can all hold hands and do this together and avoid blaming each other then they can get a deal but it seems clear that what we are seeing in public now a reflection of behind-the-scenes negotiations that have broken down or at least hit some very serious impasse and we will not get a deal possibly by new year's eve and might have to deal with something after january and of course, after the election for the house speakership,
we need senator mcconnell to come to us to come with a package of what can be passed. what is the ultimate game plan, do you think, by deflecting the responsibility, essentially, for getting a deal done? >> what has been the case all along continues to be the case now, which is if there's any hope of a deal here, all the parties, all of them have to stand on the edge of this cliff, hold hands and jump off all together. that's the only way we will navigate this thing safely. what's...
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Dec 23, 2012
12/12
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leader mitch mcconnell has guided our party and our conference through the past six years. he is a gifted leader and one that i have witnessed time and again has come up with strategies that have gotten things done in the right way. senator jon kyl and i have worked on immigration and death tax relief. senator lamar alexander and i have championed the america competes act so that we would continue the priity of scientific research and that we would never fail to invest in our future because it is the sequel for our economy. i am very pleased that the distguished ranking member of the judiciary committeend the finance committee, finance committee now and judiciary before, is also on the floor and has been a wonderful friend to me, helping me in my very first election when he was the rock star at my fund-raisers in texas. and i thank senator orrin hatch for his long leadership in ts body. and i have had the wonderful good fortune to serve with two colleagues from my home state. first, senator phil gramm, who was a wonderful mentor and colleague. they broke the mold after sena
leader mitch mcconnell has guided our party and our conference through the past six years. he is a gifted leader and one that i have witnessed time and again has come up with strategies that have gotten things done in the right way. senator jon kyl and i have worked on immigration and death tax relief. senator lamar alexander and i have championed the america competes act so that we would continue the priity of scientific research and that we would never fail to invest in our future because it...
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Dec 22, 2012
12/12
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. >> reporter: senate republican leader mitch mcconnell said the next move needs to come from the president. >> he's the only one who can do it. this isn't john boehner's problem to solve. >> reporter: without a deal, steep tax hikes and massive government spending cuts are set to trigger after january 1. cnn, washington. >>> if there is a new ban on assault weapons, could that mean current gun owners would have to give their guns up? the answer may surprise you. th. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. >>> many americans from the president on down are sick about
. >> reporter: senate republican leader mitch mcconnell said the next move needs to come from the president. >> he's the only one who can do it. this isn't john boehner's problem to solve. >> reporter: without a deal, steep tax hikes and massive government spending cuts are set to trigger after january 1. cnn, washington. >>> if there is a new ban on assault weapons, could that mean current gun owners would have to give their guns up? the answer may surprise you. th....
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Dec 22, 2012
12/12
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now it does go to the senate where harry reid and mcconnell can try to come to some, you know, functional su render for republicans and kick the cannon a lot of other issues and see if that can pass in the next ten days am buts that still has to pass the house. and so i think the chances of backing off of the cliff are higher than they ever have been. >> you know, i listened to some of these recalcitrant house republicans today, mark. and they were saying, i was to the going to vote for a tax increase when my constituent was never have gone along with that. >> well, i think there are two realities, here, judy. first of all there's a lot of republicans, more than a few democrats who are terrified of one thing, that's being primary, primary opponent without going to run on your right if you are a republican. on your left if you are a democrat. it's really become a problem for republicans. because this has been an article of faith that said before it is since 1990 that any republican in the house or the senate voted for a tax increase on capitol hill. any republican. now of the 2 41 republic
now it does go to the senate where harry reid and mcconnell can try to come to some, you know, functional su render for republicans and kick the cannon a lot of other issues and see if that can pass in the next ten days am buts that still has to pass the house. and so i think the chances of backing off of the cliff are higher than they ever have been. >> you know, i listened to some of these recalcitrant house republicans today, mark. and they were saying, i was to the going to vote for a...
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Dec 22, 2012
12/12
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mcconnell: by --. the presiding officer: the republican leader. mr. mcconnell: all i was suggest to my friend the majority leader you have a tax bill that originated in the house, it came over to the senate. if our friends in the majority don't like that version of it, they could call it up, amend it and see if there's a majority in the senate for something. the time for finger pointing is, seems to me, about over. the american people are not particularly interested in what originated here or there or who is doing what. they're interested in getting a result. and i was just trying to be helpful in suggesting you've got a tax bill that came over from the house, you've got a majority here, you could take it up, offer amendments, see if there is something that could achieve a majority of the senate rather than just complaining because the house didn't pass something yesterday, that didn't going to solve the problem. somehow, some way, we need to find a way forward and i hope we can in the coming week. the presiding officer: the majority leader. mr. reid:
mcconnell: by --. the presiding officer: the republican leader. mr. mcconnell: all i was suggest to my friend the majority leader you have a tax bill that originated in the house, it came over to the senate. if our friends in the majority don't like that version of it, they could call it up, amend it and see if there's a majority in the senate for something. the time for finger pointing is, seems to me, about over. the american people are not particularly interested in what originated here or...
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Dec 25, 2012
12/12
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it is not clear whether mitch mcconnell wants to play a role because he has a campaign coming in 2014. for some people on the far right, the idea that mitch mcconnell would make a deal with obama could be acceptable. you have 10 or more republican senators who say they are willing to do business with president obama in terms of approving an increase in the marginal tax rates. if that is the case, if you could get them to pass some kind of bill and then send it on to the house, and all boehner said was i will allow a vote, and you have democrats and some republicans feeling pressure joining in, you could get a bill done. host: rick is from massachusetts on our independent line. caller: good morning. i have a problem with the president. he is the most divisive individual who has come to power in this country for a long time. he completely denied his white relatives and blames all the problems on white men by buying the votes of the lower earners in this country by saying it is not your fault. he promised to bring this country to gather. what happened? guest: i am surprised. upper income
it is not clear whether mitch mcconnell wants to play a role because he has a campaign coming in 2014. for some people on the far right, the idea that mitch mcconnell would make a deal with obama could be acceptable. you have 10 or more republican senators who say they are willing to do business with president obama in terms of approving an increase in the marginal tax rates. if that is the case, if you could get them to pass some kind of bill and then send it on to the house, and all boehner...
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Dec 29, 2012
12/12
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there are still many obstacles in the way of a deal that and you also have to have a deal from mcconnell and read thatid that can pass in the house. what's the proets cal for getting it there and who's going to say yes, we can do that at this point? >> let's revisit our high school civics on a saturday morning. that i have to pass it meaning they don't filibuster or don't block and if they vote it through, then the house gets it and the house has to decide if, in fact, republicans and democrats can vote for it. historically john boehner said he wants a very large majority of republicans to vote for this. he's not interested in trying to get democratic votes for it. if he changes his mind and a senate deal cominges to the house then it can pass and all of this can be resolved at least in miniature. with don't have a bill and we don't have a procedure yet in the house. >> what are the chances given that this bill is lookings like it's getting smaller and smaller, what are the chances that the debt ceiling which we hit on december 31st as well what are the chances that that gets wrapped up
there are still many obstacles in the way of a deal that and you also have to have a deal from mcconnell and read thatid that can pass in the house. what's the proets cal for getting it there and who's going to say yes, we can do that at this point? >> let's revisit our high school civics on a saturday morning. that i have to pass it meaning they don't filibuster or don't block and if they vote it through, then the house gets it and the house has to decide if, in fact, republicans and...
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Dec 27, 2012
12/12
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i just wish that john boehner and mitch mcconnell would have some more backbone and the tables and say we heard. read about blaming republicans, and boehner said it on the senate floor, but they need to come to the podium today or tomorrow and say senator reid, we recently passed two bills are sitting on the fiscal cliff cristeta sitting on your desk and you have the audacity to blame republicans. i think they're both to blame someone. reid a little more so. we see what happens. obama has led this country. he is about to lead us into another debt downgrade. it should be evident to see what happens when you let partisan democrats like harry reid and nancy pelosi call the shots. >> marty, you are calling on the democrat line. what is your reaction? caller: the president needs to get the republicans come back in from christmas holiday. >> what do you think is gonna happen? >> we are on the verge of a fiscal cliff and they are still on vacation. >> let's go to mike in texas, on our line for republicans. >> i agree with the first guy. i wish they would have a little backbone and force obama
i just wish that john boehner and mitch mcconnell would have some more backbone and the tables and say we heard. read about blaming republicans, and boehner said it on the senate floor, but they need to come to the podium today or tomorrow and say senator reid, we recently passed two bills are sitting on the fiscal cliff cristeta sitting on your desk and you have the audacity to blame republicans. i think they're both to blame someone. reid a little more so. we see what happens. obama has led...
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Dec 22, 2012
12/12
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derek mcconnell and chris teen that dress ler have been together since 2006. a little more than a year ago something terrible happened. derek a u.s. army specialist suffered serious injuries while serving in afghanistan. two ied explosions left him in critical condition. and forced him to have both of his legs amputated. the couple stuck together and now thanks to a new jersey jeweler, the two are about to tie the knot. christina and derek join us now. welcome. >> how are you? >> we're great. great to see you guys. >> congratulations. >> thank you. >> let's talk about what a long road this has been for you personally and you as a couple. we mentioned you were the victim of an ied attack. tell us about your injuries. >> july 2011. i lost my left leg completely the worst part was the inection ifs i spent seven months in the hospital battling those. >> you were seven months in the hospital and as soon as you arrived back herance i understand it on u.s. soil you were 53 days in the intensive care unit. and christina, you were by his side. >> yeah. >> the entire ti
derek mcconnell and chris teen that dress ler have been together since 2006. a little more than a year ago something terrible happened. derek a u.s. army specialist suffered serious injuries while serving in afghanistan. two ied explosions left him in critical condition. and forced him to have both of his legs amputated. the couple stuck together and now thanks to a new jersey jeweler, the two are about to tie the knot. christina and derek join us now. welcome. >> how are you? >>...
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Dec 24, 2012
12/12
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. >> now the focus shifted to mitch mcconnell. the senate taking the lead on a compromise with democrats, and something that can get some support among house republicans. carl? >> hampton, thank you very much. hampton pearson in washington. >> the gift that keeps on giving. we're talking about market wisdom. what you need to know ahead of the opening bell. and whether you're a holiday traveler or investor, you want to hear about the state of the airline industry. let's take a look at futures one last time before the holiday shortened session. about ten points down on the dow. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, loui
. >> now the focus shifted to mitch mcconnell. the senate taking the lead on a compromise with democrats, and something that can get some support among house republicans. carl? >> hampton, thank you very much. hampton pearson in washington. >> the gift that keeps on giving. we're talking about market wisdom. what you need to know ahead of the opening bell. and whether you're a holiday traveler or investor, you want to hear about the state of the airline industry. let's take a...
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Dec 24, 2012
12/12
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to get a debt ceiling increase, both speaker boehner and the republican leader in the senate, mitch mcconnell have made it clear, you want $1 trillion of more debt ceiling, because that's what the president is running, $1 trillion more debts, you have to cut it at the same time. they won it a year ago. they'll win it in the future. this is a long fight. it's four years of a fight. it's not one week of a fight. to your earlier question, does the president want to take us over the cliff? i think now he does. the reason is he needs an excuse for the next four years of failure. blaming it on bush doesn't work very much. the regulations and spending he's put on the economy for the next four years is going to put us in recession regardless of the fiscal cliff. >> to be fair, i'm told there are a number of republicans, especially in the house, who want to go over the cliff for the reason i explained, that they'd much rather vote for a tax cut than a tax increase because they don't want to break your pledge. grover, thank you very much. appreciate it. >> no one should break their pledge. >> merry chr
to get a debt ceiling increase, both speaker boehner and the republican leader in the senate, mitch mcconnell have made it clear, you want $1 trillion of more debt ceiling, because that's what the president is running, $1 trillion more debts, you have to cut it at the same time. they won it a year ago. they'll win it in the future. this is a long fight. it's four years of a fight. it's not one week of a fight. to your earlier question, does the president want to take us over the cliff? i think...
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Dec 26, 2012
12/12
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i don't know if he would get widespread support from mitch mcconnell and the leadership, but just a few who are maybe retiring, or leaving the senate. >> reporter: that's a great question. first and foremost they would have to be able to swallow the idea that they will effectively vote to raise taxes on the top 2% of americans which most republicans said they do not want to do because they think it is bad for the economy. to answer your question, it is probably the biggest sweetener for republicans and seen some moderate democrats by the way is the estate tax. the estate tax is in place right now at a relatively low threshold. it would go up big time at the end of the year. and that is something that is very important to a lot of republicans. that could be a sweetener. i think probably the best argument the democrats have for some of those republicans is that they don't want to be in the way or they don't want to be responsible in any way for every american's taxes going up, including most importantly the people who really, really need that money, people who just aren't the wealthiest i
i don't know if he would get widespread support from mitch mcconnell and the leadership, but just a few who are maybe retiring, or leaving the senate. >> reporter: that's a great question. first and foremost they would have to be able to swallow the idea that they will effectively vote to raise taxes on the top 2% of americans which most republicans said they do not want to do because they think it is bad for the economy. to answer your question, it is probably the biggest sweetener for...
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Dec 28, 2012
12/12
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one is that leader mcconnell is actively engaged. you can't pass anything in the senate without democratic and republican votes because of the 60-vote barrier. we only have 53. for the first time, leader mcconnell is speaking to the president. if the senate is going to be the place where action starts, you need both of them there. the second reason for optimism is boehner is back at the table. because you can't pass something just through the senate. we see what a mess the house is. they couldn't even pass speaker boehner's own plan b. the fact that he's come back and the four of them are at the table means to me we could come up with some kind of agreement that would avoid the main parts of the fiscal cliff, particularly taxes going up on middle class people. now, i am hopeful, and it can be a balanced package. we've always said it should be a balanced package. the problem has not been democrats being willing to do cuts. we did $1 trillion of them last year. we're willing to do more this year. the problem is revenues. >> senator thu
one is that leader mcconnell is actively engaged. you can't pass anything in the senate without democratic and republican votes because of the 60-vote barrier. we only have 53. for the first time, leader mcconnell is speaking to the president. if the senate is going to be the place where action starts, you need both of them there. the second reason for optimism is boehner is back at the table. because you can't pass something just through the senate. we see what a mess the house is. they...
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Dec 24, 2012
12/12
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success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should we put the markets mn such turmoil and the people in misunderstanding or lack of confidence? why don't we go ahead and act now? >> the president is insisting tacks go up for the wealthy, but he's now scaled back his expectations for the rest of the year focusing only on a middle class tax cut and extended unemployment benefits. he said he still thinks some kind of deal can be reached, but that optimism is not shared by everyone. >> in the aftermath of the house republicans rejecting speaker boehner's so-called plan b, it's the first time that i feel it's more likely that we will go over th
success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should...
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Dec 28, 2012
12/12
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remember, we have to have that first vote done in a timely way so that both senator reid and senator mcconnell can leave to have the designated meeting with president obama. mr. cochran: mr. president, let me join with the senator from maryland in commending all senators for the expeditious way we've been able to move this bill but particularly the chairwoman herself, who's provided strong leadership, capable leadership, fairness, a sense of fairness for all senators, and i thank her for the honor of serving with her on this committee. the presiding officer: under the previous order, the senate senatorses can attend the weekly caucus meetings. this morning they approve and extension of the farm intelligence v it allows the government to continue intercepting overseas communication. it extends legal immunity phone companies that help the government wiretap the domestic phone calls. president obama plans to sign the bill. when the senate is back we are expecting senators to continued work on the $60 billion hurricane sandy relief package. negotiations continue on avoiding the so-called fiscal cl
remember, we have to have that first vote done in a timely way so that both senator reid and senator mcconnell can leave to have the designated meeting with president obama. mr. cochran: mr. president, let me join with the senator from maryland in commending all senators for the expeditious way we've been able to move this bill but particularly the chairwoman herself, who's provided strong leadership, capable leadership, fairness, a sense of fairness for all senators, and i thank her for the...